TikTok's operations in the US are under threat due to national security concerns, leading to a law that requires the company to divest from its Chinese owner, ByteDance, by April 5, 2025. This legislation received bipartisan support in Congress, emphasizing data security and limiting foreign adversary ownership. While discussions about potential buyers continue, Chinese authorities oppose any sale, asserting that TikTok's essential technology cannot be transferred out of China. The ongoing negotiations reflect the complex dynamics of international tech ownership amidst rising geopolitical tensions.
The Biden administration mandated TikTok's sale due to national security concerns, citing risks related to user data management and potential Chinese government influence.
The law defines "foreign adversary controlled applications" and mandates that ByteDance must sell TikTok to a non-Chinese owner by April 5.
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